Hash power improvement on hardware can't keep up with the diff.
As someone said above, no ROI, no care. And it looks like it will be the case.
you sir are likely correct....er due to bank issues...i'm a legal miner in usa (sigh) have to pay for mining profits
as income (gross income 25% taxes like the rest) er those of you not in my boat run away till hopefully they
fix these IRS guidelines from 2013 to something more sensible in 2015 (i think they will..just say at that point
2015 gee IRS it was a very very good year if you wan to report) heh
anyway MY ONLY angle is that I can get off 25% in real $$$ towards actual taxes paid thru equip
depreciation (and have credits on such from last year) so i got a spondoolies sp30
w/o being in my situation it makes NO SENSE to get equip in the foreseeable future imho in order for BTC
to survive this massive equip dump and difficulty rise the price MUST go up for BTC thru increased
demand or we are all in trouble
and yes I may barely break even on the sp30 ROI wise due to my above (sigh so lonely) position of er ahem
being a legal miner (i feel so dirty)...but i suspect after all is said and done and it probably will end of life
by Dec 2014 at the rate of equip dump i will take a loss
so yeah any equip you buy at this time thru fall will likely be a loss vs just buying btc imho ...it may level
off etc after fall but I think it is gonna get really really ugly this last 1/2 of the year
but then again they are such 'cute' little boxes..the s3's ...nice whirly sounds...pretty LCD's so cuddly .
ack must resist ..its a trap ack
Searing